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Transcripts For CNNW The Situation Room 20120804

the situation room . we begin with the state of unemployment in america, just three months before election day. both democrats and republicans have something to seize on in the newest jobs report. employers say they added 163,000 jobs to the u.s. economy in july. that s better than economists expected, and something for the obama camp to hang its hat on. but the romney camp is pointing to this figure, the overall unemployment rate unexpectedly rose to 8.3%, because american households report losing 195,000 jobs. we want to bring in our white house correspondent, dan lothian. so sounds like kind of a wash, politically, dan. it does. and what the president is trying to do is highlight the positive, as you pointed out. yes, the unemployment rate did tick up to 8.3%, but what they re focused on is the fact that jobs were created, more jobs than expected. the experts out there, economists had expected that some 95,000 jobs would have been created last month, but as you pointe

Transcripts For CNNW The Situation Room 20120801

a suicide bomber. new developments in the probe into a deadly terror attack. wolf blitzer is off today. i m candy crowley. and you re in the situation room. the battle for the white house now centered in the state of ohio. president obama paid yet another visit to what both campaigns see as a must-win state. and today the president came armed with a new report on tax policy that he used to hammer away at mitt romney. our cnn white house correspondent, dan lothian, is traveling with the president. dan, the president pretty much could take up citizenship in ohio at this point. reporter: that s right. he really could. he was right here in akron almost a month ago. it was part of his bus tour. and since he announced his re-election bid last spring, the president has been to this state about a dozen or so times. this is really a crucial state not only for the president but also for mitt romney. and today the president was going after his opponent on his tax plan saying they

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